Pray hard that it doesn't bankrupt.

Well, even it leads to bankruptcy, I think the government will save it.

may i know if i want to do FD, where can give me the highest interest?
Any sukuk bond offer for next week since my fd expire next week?
which bank offer the highest interest?
any bank offer the higher interest FD for senior citizen? thanz.

Why not you refer back to first page? All info is there.

In BR, some of us got 4.2%.

Looks like some regulars are staying away from this discussion. Busy on other matters ?

afaik, only pbb and hlb have something for old folks but it's pretty useless. mbb, cimb dun even have anything on that.

u r better off looking for promos that give 0.5-1% p.a. higher, e.g. uob, hlb. many go to ocbc for that too.

if u have anak or cucu <18 yrs old, can check up hlb's 3.85/3.95% for 2 yrs before they close, anytime now.

non-pidm (insurance coverage), no idea.

This post has been edited by AVFAN: Apr 28 2013, 08:54 PM

Questions on bank rakyat on PIDM repeated n times.....
Best FD interest are on firstvpage...

Yes, the risk factor has been discussed. But as pointed out several times, BR is linked to government institutions.

So diversifying ones saving should be OK. Except don't put all in one basket.

Anyone knows if UOB is coming up with any new FD promos before the current ones end tomorrow?
Don't wanna go put in for the 6 months 3.5% and then they go launch something better in May

Even there may be new promotion, I do not think there will way a lot of difference.

OPR is not expecting to rise further from 3% for near term, so it is unlikely bank come out with better rate, a slight difference 0.1% may be but won't be too much.

Hi, cherroy. May I know what's OPR?
Yeah, I agree too...I guess I just don't want to bite myself if they come up with something which has a big difference in %, hehe

One question, my FD with UOB is maturing in June and will be placed under normal (current) board rate. Assuming that there will be a new promo that time, how can I beat the fresh-fund-only criteria? Any tricks?

full withdrawal in cash, then take another number to queue up for new FD... no?

Place a new FD using your 2nd banker's chq then RENTAS the matured FD money to cover your 2nd banker's account.

If sket bounce chq, do the RENTAS in the morning then give chq upon RENTAS clearance in the afternoon. If you have RM, sign siap siap and give everything to her and let her kautim.


No.

This post has been edited by aeiou228: Apr 29 2013, 05:29 PM

Thank you.

If I get it right, it works like this:
1- Uplift the matured FD (Bank Y) in the morning and GIRO/RENTAS to another bank X.
2- When the GIRO/RENTAS is cleared in the afternoon, then get bank X to issue a banker's cheque.
3- Place FD at Bank Y using the new banker's cheque.

Hmm, means I will need to spend my morning and afternoon at he the two banks.

hi all, 3.05% p.a on a fixed deposit 3 months is how to calculated?

i earn 3.05% every 3 month issit, or 3.05% every year?

interest rates are always quoted in per annum.

Mind elaborating this? Sorry I am quite new in FD... I thought fresh funds = funds not deposited in the same bank?

So upon FD maturity if I cash out and put it back into the same bank as new FD application won't that be considered as fresh funds?

Some banks will deem the same amount withdraw = amount deposit to be non-fresh funds.
Actually you can do in the same bank,
Withdraw FD at 9:30am as cash
Open FD + $xx cash/cheque at 10:30am.

ah I see, so if I have RM10,400 upon FD maturity I can still open a new FD with the same bank with RM10,500?

Worth a try too